LLC + Bank Account: Legit Advice Or Bunk?

[GoWest]

Hello,

I was getting advice from someone on how to open a company and receive money by wire anonymously.

He suggested opening a company offshore (no information exchange there allegedly) and opening a business bank account at a fintech (no CRS information exchange for "active trading companies", allegedly).

Is this legit or bullishit advice?

 

[JohnnyDoe]

bullishit advice?

This

 

[daniels27]

In theory, it is possible. But it will be very difficult to get a bank account without CRS, espcially with a fintech. He most likely wants to earn money with you. When you then apply for the bank account and get rejected, he will then say, that it was not under his control and keep his money.

 

[GoWest]

Maybe we are not talking about the same thing. I meant that there will be no data exchange with the bank account.

Or does CRS mean something else here?

 

[GoWest]

Anyone who could answer my (maybe rather dumb) question?

 

[SCHLOSSFINANZ]

this is 100% impossible! Just pay your taxes as everyone does. If your taxes are too high in your view relocate!

 

[JohnnyDoe]

Anyone who could answer my (maybe rather dumb) question?

You already received the short version of the answer. If you want to learn more and find solutions you should explore the Mentor Gold section.

 

[daniels27]

I think it could work. He opens a company in Syria and a bank acocunt for it in Haiti. And then have a proper manager in Burkina Faso while the CTO sits in Djibuti with the CFO in Lesotho and the CIO in Niger. I think in this case it probably would work and nobody would care. As long as the UBO is in Pitcairn.

@GoWest what countries are we talking about and what do you want to achieve?

 

[GoWest]

I simply want to receive a low 4-figure each month from a company for services rendered.

 

[daniels27]

I simply want to receive a low 4-figure each month from a company for services rendered.

Yes, and your friend wants your money. I want to spend time with my dog

 

[daniels27]

I simply want to receive a low 4-figure each month from a company for services rendered.

Whic country do you live? I can help you get a bank account and pay taxes there.

 

[SCHLOSSFINANZ]

pay your taxes, do you really think you can hide that amount?

 

[daniels27]

pay your taxes, do you really think you can hide that amount?

A good Barry makes way more than that and hides all in the barrel.